A Project Manager's Guide to Creating a Risk Register

Wondering how to create a risk register so your project can avoid risks and be successful? In this video, I’m giving you a project manager’s guide to creating a risk register that’s easy to use to bring your project to success.

We’ll be talking about:
• What is a risk register? A complete risk register definition
• How to use a project risk register to avoid project failure
• How to use a risk register to navigate project risk management
• An example of a risk register in excel
• How to make a simple risk register template
• When to start thinking about risk in project management

So, if you’re a project manager looking for a risk register example that makes sense, then stick around for this whole video!

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[Market_Fiend]

Currently working on a AI Risk Assessment software. And your videos was immensely helpful. thank you.

[glengeen]

Thanks for this video. I am enjoying the material presented. One point of contentment. As someone in the IT industry for over 30 years, I find that complex rating matrix like yours leads to a lot of fighting in conference. In your 4x4 matrix there are sixteen possible solutions. I simplify that to just four possible solutions. 0 - Low Impact/Low Probability, 1 - Low Impact/High Prob., 2 - High Impact/High Prob, and 3 - High Impact/High Probability. In the Risk Register I simply add another column labeled Rating. Using a Data Validation List, I can accept one of the four values . I find that this simplification of the matrix avoids undue discussion around the middle of the board. That stated, the arguments always seem to start with those items in the middle of the board.

[callicat]

Thanks for sharing the example of how to create and what to include in a project risk register. Appreciated.

[dunewalks]

Thanks Adriana
Think your content is amazing 🥰

[sailormoon]

LOVE this!! Thank you for the easy breakdown!!❤️❤️❤️

[toshaliveoak]

Great video! The only challenge I have when creating a risk register is pulling the info out of the project committee and/or trying to prioritize and mitigate the risks. I always lead with what I think may happen, like resource availability. That is absolutely something that happens with IT. Any suggestions or video's that may help to get people to engage when it comes to talking about risks and mitigations? I'm a woman PM-ing with a bunch of men. :)

[karinakeith]

Thanks, Adriana! Excellent project risk register details.

[laurenbelayneh]

Such a helpful guide to creating a risk register!

[tiffanyharris]

Great detailed video on risk management and how to create a risk register!

[zomuanamc]

Nice vedio! Can you put more example for risk mitigation and avoids.

[hellenafulli-hleb]

Sorry can u ask some questions..a project costs is the same of project budget or its different?

[zqzqeun]

Hi, I want to download all the information in this program. How can I do so?

[VN_]

How would you choose what risks are too small or extravagant and should not go on this analysis. Like for example alien invasion or the next pandemic... People keep looking me weird on my meetings.

[robertszczepaniak]

I'm not convinced. What i see is the risk classification and prognosing made by the managers, and they don't create value - it's a tayloristic approach that we know for the last 110 years - managers think, and the (less intelligent) workers do. 
I come from the construction, and the best way to do it is to:  
1. use the antifragile approach (Nassim Nicholas Taleb), which is to firstly decompose the big tasks into smaller ones (work structuring based on the systems thinking - Peter Senge), and 
2. eliminate the constraints one by one in the so-called Last Planner System (Glenn Ballard/Greg Howell), especially in the constraints log, where we address all appearing constraints as we go. And the people involved are the line workers that are jointly creating the workload with reliable promises of execution. The managers are only coaching and supporting them.

The prognoses are not working, because generally no speculation works, and especially by people who don't create value for the customer, and have no idea about the actual work, be it the project or the construction execution. We have such misery in the construction industry for decades...